Redwood Village855 Barron Ave.

Redwood City, CA 94063

San Mateo County

Revision 4

UPDATED PRICING

R4Ps' team is pleased to participate in the facelift of Redwood Village in San Mateo County. While we strive to remain consistently competitive in our offering, prices have changed from the initial submission of RFP #1334 in January 2017.Ultimately, the market demand for affordable housing has been the cause for price increases across the board. The cost of construction has been a major driving force of rising prices due to natural disasters, an upturn in the economy, and the escalation of tariffs. The transportation sector has also experienced additional regulations, insurance requirements and premiums that have created a hike in transporting fees. San Diego Sets, however, will keep prices the same as long as the unit volume does not significantly change. The low level series has been completely deleted and is no longer available. I have been informed that the factory will have another .75% increase to their base prices with the anticipation of the increase in wages for the state of California. I went ahead and added in that price in the following estimates since we do not have prices ‘locked’ which is possible if you were ready to order. The following outlines the details and breakdowns the fees necessary for the Baron Avenue Project as of October 28, 2018. We are still offering an overall discount with a volume order. The following are updates on the 7 units that you have requested.

TINY HOME COTTAGES Designed for San Mateo’s Redwood

Village to fit its’ small spaces

• SAN MATEO MICROLOFT

(Specially designed for Redwood Village - formerly

Microbeach)• 13’4” X 26• 1 BDRM• 1 BATH• LOFT

Estimated Cost Per Unit1 UNIT = $52,900 Additional Fees: $18,325

*Total Estimated Cost: $71,225or $213.38/mo

Not Available to A4, A6, B3, B5

SAN MATEO 2 BD SHORT LOFT

(Specially designed for Redwood Village)

• 13’4 X 29’5”• 2 BDRM

• 1 BATH• LOFTEstimated Cost Per Unit1 UNIT = $ 51,700Additional Fees: $18,325

*Total Estimated Cost: $70,025or $209.92/mo

Available to All C-Lane AND A5, A7, A9, A11, A13, A15, A17

Individual price & volume discount

MICROLOFT 2BD SHORT LOFT

Full detailed breakdowns provided in individual estimates/invoices. *NOTE: Cost are subject to change.

THE NEW‘SAN MATEO MICRO-LOFT’

* SOME FEATURES SHOWN IN PHOTOS ARE UPGRADES TO THE STANDARD SPECIFICATION

(Replacing MicroBeach))DESIGNED FOR REDWOOD VILLAGE

THE NEW‘SAN MATEO MICRO-LOFT’

(Replacing Microbeach)INTERIOR FLOORPLAN

THE NEW ‘SAN MATEO MICRO-LOFT’

(Replacing Microbeach)ELEVATIONS

( Specially Designed for Redwood Village)

SAN MATEO 2 BD SHORT LOFT INTERIOR

FLOORPLAN( Specially Designed for Redwood Village)

2-SHORT COTTAGE• 2 BD 13’4” X 29’5’• 1 BA (NO LOFT)

• OPTION A. - FRONT LIVING AREA• OPTION B. - BEDROOM ON EACH SIDE

• FITS IN SHORTER SPACE• OPEN LIVING AND KITCHEN AREA

1 UNIT = $47,700Additional Fees: $18,325

*Total Estimated Cost: $66,025or $198.39/mo

Available to ALL C-Lane and A5, A7, A9, A11, A13, A15, A17

2 SHORT

Full detailed breakdowns provided in individual estimates/invoices.

TINY HOME COTTAGES Designed for San Mateo’s

Redwood Village

ULOFT (Formerly EVS 04-157)• 11’2” X 35’2”

• U SHAPE KITCHEN• 1 BEDROOM

• 1 BATH

• LOFT1 UNIT = $53,300Additional Fees: $17,850*Total Estimated Cost: $71,150 or$213.16/moAvailable to A5, A7, A9, A11, A13, A15, A17 and C-Lane (but not available to C6, C8, C10, C12, C14, C16, C18)

ACCESSIBILE FRIENDLY• 13’4 X 31’10”

• 1 BEDROOM• 1 BATH• SPECIAL SHOWER & SINK

• WIDER DOORS1 UNIT = $49,700Additional Fees: $18,325

*Total Estimated Cost: $68,025or $204.15/mo

Available to ALL C-Lane and A5, A7, A9, A11, A13, A15, A17

Individual price & volume discount

ACCESSIBLEFRIENDLY

ULOFT

Full detailed breakdowns provided in individual estimates/invoices.

ACCESSIBILITY FRIENDLY

SAN MATEO ULOFT(Formerly EVS 04-157)

* SOME FEATURES SHOWN IN PHOTOS ARE UPGRADES TO THE STANDARD SPECIFICATION

TINY COTTAGES

HUD #1 • 13’4 X 56”

• 2 BEDROOMS

• 1 BATH• 750 SQ. FT.1 UNIT= $52,500Additional Fees: $23,516

*Total Estimated Cost: $76,016or $227.19/mo

A5, A7, A9

HUD #2• 14’4” X 54’ OR 56’

• 777-806 SQ. FT.

• 3 BEDROOMS

• 2 BATH1 UNIT = $ 57,700Additional Fees: $23,516

*Total Estimated Cost: $81,216or $242.19/mo

A11, A13, A15, A17

* SOME FEATURES SHOWN IN PHOTOS ARE UPGRADES TO THE STANDARD SPECIFICATION

HUD #1 HUD #2

Full detailed breakdowns provided in individual estimates/invoices.

Available to: A11, A13, A15, A17

HUD UNITS

LINOLEUM& CARPET

STANDARDFLOORING

CURRENTSTANDARD FEATUREOPTIONS

R4P/5StarHomes reserves the right to make changes at anytime in prices and specifications without notice and/or obligation due to availability of product by the factory.

Paint

Standard Cabinets – Kitchen, Bathrooms,& Shelves & Drawers throughout

Roofing StandardOptions

Standard Granite!

Price Summary Sheet - Units

7 YEAR WARRANTY

* Warranty verbiage to be provided upon request